Electric Musical Instruments in   United States

Overview In June 2024 United States' Electric Musical Instruments exports accounted up to $28.5M and imports accounted up to $41.2M, resulting in a negative trade balance of $12.7M. Between June 2023 and June 2024 the exports of United States'   Electric Musical Instruments have increased by $1.7M (6.33%) from $26.8M to $28.5M, while imports decreased by $-135k (-0.33%) from $41.3M to $41.2M.

Destinations In June 2024, Electric Musical Instruments were exported mostly to Netherlands ($7.33M), Canada ($4.46M), Japan ($3.65M), Hong Kong ($2.27M), and Germany ($1.45M), and were imported mostly from China ($17.6M), Indonesia ($9.82M), Mexico ($3.87M), South Korea ($2.48M), and Japan ($1.7M).

Growth In June 2024, the increase in Electric Musical Instruments's year-by-year exports was explained primarily by an increase in exports to Japan ($3.38M or 344%), China ($994k or 478%), and United Kingdom ($618k or 74.7%). In June 2024, the decrease in Electric Musical Instruments's year-by-year imports was explained primarily by a decrease in imports from China ($-9.59M or -41%), Indonesia ($-3.47M or -21.3%), and Mexico ($-2.09M or -33.3%).